SAIC Awarded Approximately $400 Million in Space and Intelligence Community Contracts in Fiscal Year 2023 Second Quarter
August 29 2022 - 8:00AM
Business Wire
Science Applications International Corp. (NYSE: SAIC) received
approximately $400 million in national security and space contract
awards for the second quarter of fiscal year 2023 in addition to
the previously announced $319M Falconer Air Operations Center
Weapon System Sustainment contract with the U.S. Air Force. The
contract awards consist largely of systems integration and delivery
work, new cloud programs and JADC2 efforts.
“As we accelerate the digital transformation of our customers,
we are energized by their desire to partner with SAIC on new cloud
efforts for space and intelligence agencies,” said Michael
LaRouche, president National Security and Space Sector at SAIC.
“This quarter included revolutionary technical awards that set us
apart from our peers in critical areas like digital engineering,
multi-cloud and JADC2.”
SAIC delivers integrated solutions and systems through mission
understanding and transformative technology. Digital engineering,
IT modernization and artificial intelligence are core innovation
areas within SAIC and are key to advancing our customers’ missions.
For more information, visit www.saic.com/space and
www.saic.com/ic.
About SAIC SAIC® is a premier Fortune 500® technology integrator
driving our nation’s technology transformation. Our robust
portfolio of offerings across the defense, space, civilian and
intelligence markets includes secure high-end solutions in
engineering, digital, artificial intelligence and mission
solutions. Using our expertise and understanding of existing and
emerging technologies, we integrate the best components from our
own portfolio and our partner ecosystem to deliver innovative,
effective and efficient solutions that are critical to achieving
our customers' missions.
We are approximately 26,000 strong; driven by mission, united by
purpose, and inspired by opportunities. SAIC is an Equal
Opportunity Employer, fostering a culture of diversity, equity and
inclusion, which is core to our values and important to attract and
retain exceptional talent. Headquartered in Reston, Virginia, SAIC
has annual revenues of approximately $7.4 billion. For more
information, visit saic.com. For ongoing news, please visit our
newsroom.
Forward-Looking Statements Certain statements in this release
contain or are based on “forward-looking” information within the
meaning of the Private Securities Litigation Reform Act of 1995. In
some cases, you can identify forward-looking statements by words
such as “expects,” “intends,” “plans,” “anticipates,” “believes,”
“estimates,” “guidance,” and similar words or phrases.
Forward-looking statements in this release may include, among
others, estimates of future revenues, operating income, earnings,
earnings per share, charges, total contract value, backlog,
outstanding shares and cash flows, as well as statements about
future dividends, share repurchases and other capital deployment
plans. Such statements are not guarantees of future performance and
involve risk, uncertainties and assumptions, and actual results may
differ materially from the guidance and other forward-looking
statements made in this release as a result of various factors.
Risks, uncertainties and assumptions that could cause or contribute
to these material differences include those discussed in the “Risk
Factors,” “Management’s Discussion and Analysis of Financial
Condition and Results of Operations” and “Legal Proceedings”
sections of our Annual Report on Form 10-K, as updated in any
subsequent Quarterly Reports on Form 10-Q and other filings with
the SEC, which may be viewed or obtained through the Investor
Relations section of our website at saic.com or on the SEC’s
website at sec.gov. Due to such risks, uncertainties and
assumptions you are cautioned not to place undue reliance on such
forward-looking statements, which speak only as of the date hereof.
SAIC expressly disclaims any duty to update any forward-looking
statement provided in this release to reflect subsequent events,
actual results or changes in SAIC’s expectations. SAIC also
disclaims any duty to comment upon or correct information that may
be contained in reports published by investment analysts or
others.
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version on businesswire.com: https://www.businesswire.com/news/home/20220829005104/en/
Media: Thais Hanson 703.676.8215 |
publicrelations@saic.com
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